“Your profits are going to be cut down to a reasonably low level by taxation. Your income will be subject to higher taxes. Indeed in these days, when every available dollar should go to the war effort, I do not think that any American citizen should have a net income in excess of $25,000 per year after payment of taxes.”
Quote by Franklin D. Roosevelt
Work
Public Papers of the Presidents of the United States: F.D. Roosevelt, 1942, Volume 11
Comprising a comprehensive selection of President Roosevelt's public statements and official communications, this book offers insights into the political and historical context of the United States during World War II. It includes his speeches on the war effort, diplomatic exchanges, and domestic policy decisions, providing a detailed look into the presidency of F.D. Roosevelt. more
Author
Franklin D. Roosevelt
Franklin D. Roosevelt was the 32nd President of the United States, serving for 12 years, the longest tenure in U.S. history. He led the nation through the Great Depression and World War II, implementing a series of reform measures known as the New Deal. more
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